Japanese insurance for ships in Russian waters

Japan insurers to halt coverage for ships sailing in Russian waters

Japanese insurers will stop providing coverage for ship damage suffered in Russian waters, a decision that could potentially disrupt Japan's imports from Russia's gas and oil producers in Sakhalin, people familiar with the matter said Saturday.

December 24, 2022
December 24, 2022

Japan insurers to halt coverage for ships sailing in Russian waters

Japanese insurers will stop providing coverage for ship damage suffered in Russian waters, a decision that could potentially disrupt Japan's imports from Russia's gas and oil producers in Sakhalin, people familiar with the matter said Saturday.